Frances Gagua
StanChart taps Cushman & Wakefield for upgraded property services
StanChart taps Cushman & Wakefield for upgraded property services
C&W will help drive the bank's sustainability agenda across its real estate portfolio.
Maybank offers financial package for registered charities
They offered the first recyclable grant in Singapore.
Korean banks to ease lending standards for companies and mortgages
But banks are expected to tighten lending standards for household loans.
Malaysia warns against four unauthorised companies
They have similar names to companies authorised by BNM but are not related to them.
Alliance Bank lowers fixed deposit rates
The counter rate for 1-month fixed deposits is now just 2.65% from 2.75%.
Weekly Global News Wrap: ECB raises concerns over UniCredit’s high turnover; China warns banks against “one-sided” credit pursuit
And two JP Morgan & Chase top dealmakers are reportedly leaving the bank.
Hong Kong launches new credit reference operating model
Credit Data Smart will guide the collection of credit as future reference to loan providers.
Ant International to build Malaysia digital business centre and is hiring 500 roles
The centre is expected to move in at The Exchange 106 by 2025.
Chart of the Week: Indonesia’s card payments market to be worth $71.8b by end-2024
But point-of-sales terminal penetration remains low.
Thailand’s Krungthai Bank temporarily closes two branches
They will resume normal operations on 22 April.
DBS and OCBC expected to deliver steady Q1 net profits
Their net interest margins will ease as a result of their Hong Kong loans.
Taiwan’s Hua Nan’s asset quality to remain sound through 2025
Loans to SMEs and the property sector have improved, says Moody’s.
Property malaise weighs on China and Korean banks
Most of APAC banks have a stable outlook for 2024, says S&P.
India floats regulations for non-bank POS payment aggregators
They are required to apply authorisation from the RBI by May 2025.
Robust employment, stable housing market anchors CUB’s profits
But net interest margin will likely stay flat or contract mildly.
Why tokenization and funding are two key issues for financial disruptors in 2024
HSBC's Vincent Lau a lineup of 250 speakers to discuss these at Money 20/20 Asia.
Techcombank’s Prasenji Chakravarti lays bare their ESG strategy
The bank is transforming its IT infrastructure to better process green data.
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1. Revolut Singapore hits first year of net profitability in 2024 2. CIMB Philippines says fund transfer issue ‘resolved’ 3. HSBC Singapore unveils wealth centre at The Star Vista mall 4. UOB inks MOU with Accenture for AI adoption and application 5. Citi names Goldman Sachs banker as head of markets solutions in Asia South & NorthResource Center
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The Asian connection: China's path to sustainable growth